Month: May 2018

It is one of the most hyped launches yet in the blockchain and cryptocurrency industry. And for a space that largely is built on hype, that’s truly saying something.

Barring any last-minute delays, EOS is expected to release its long-awaited mainnet tomorrow. The company arrives with a $4 billion warchest thanks to a record-long initial coin offering (which excluded US and Canadian investors,

Nobody should be surprised. Cryptocurrencies and utility tokens are unregulated, and it astonishes me that so many people who buy utility tokens are simply willing to trust that the person they are giving their money to will do right by them without any protections or guarantees.

China’s president Xi Jinping said that new generation technologies, such as blockchain, are reshaping the global economic structure.

Speaking at the Chinese Academy of Sciences’ nineteenth annual conference in Beijing, Xi said blockchain, artificial intelligence (AI), and Internet of Things (IoT) has been accelerating the rate of “breakthrough applications.”

Hackers who claimed they were in possession of the personal information of tens of thousands of customers from two Canadian banks are threatening to make it public unless the lenders pay $1 million-worth of the cryptocurrency XRP.

Based in New York, CLS provides settlement services to its members in the foreign exchange market. It operates a global multi-currency cash settlement system through which settlement risk can be mitigated with finality.

Chile-based cryptocurrency exchange Buda has expanded its services to the Argentine market.

Currently operating in Peru, Colombia, Chile and now Argentina, Buda claims to have more than 80,000 clients. The exchange said Argentina has the potential to become its most important market in the course of a year.